January 2011
16 posts
Our stock of metals
Wrought Products As a stockist of Molybdenum, Tantalum and other refractory materials we are also able to offer a very reactive and competitive wrought product service.
We stock a wide range of materials in plate, sheet, bar, rod & wire form and can supply a range of standard sizes with a very quick turnaround & Delivery.
If you are interested in buying any of our stock then why not...
Not so rare earth metals
Rare earth metals or now known as the not so rare have attracted investor interest because of super increasing prices and supply restrictions.
Bill Harris, Portfolio Manager at Avenue Investment Management, is in the bubble camp. He says the price of rare earth metals is unsustainable and he’s pulled out of the market altogether.
“Is rare earth in a bubble? By definition it is,” he told media....
Contact Page
Is there an enquiry that you would like to sort out?
Then why not use our contact us box on the contact page, all you have to do is leave your name, email address, and telephone number as well as what you would like to ask us and we will get back to you as soon as possible.
Here at SMF we like to have all the easy ways of contacting and using our services, and we think this box is simpler...
Matthey’s profits impress
Chemicals group Johnson Matthey said full-year profits will beat previous expectations, thanks to growing demand for cars in China and the high price of precious metals. Operating profit in the precious metals arm rose 63%, aided by a 94% increase in the price of palladium and a 22% rise in the platinum price.
The environmental technology division, which makes catalytic converters, reported a...
Metal stocks don’t look good
Metals have been the main culprit this week. How do you see the midcap metal stocks on the charts?
In these conditions it is pretty difficult for a stock to look good. Everything is getting dragged down.
The only standout stock if you counted as metal it is not really processing, it is Sesa Goa. That has been looking quite different from the way it did for a while and from other stocks.
It is...
Climax mine closer to opening
Final work at the Climax Molybdenum Mine at the top of Fremont Pass is still happening, but is not clear when market prices for the metal will make reopening the mine feasible.
According to a press release from Freeport McMoRan — the global mining company that owns Climax — recent activities at the mine include “completion of concrete foundations for various equipment installations and...
Shanghai Base Metals Rise But At Slower Pace
Base metals on the Shanghai Futures Exchange were risen Wednesday, underpinned by a new record high on the London MetalExchange, hit during Asia trading.
Supportive factors include equities markets in the region and a firming euro against the dollar, which made the dollar-denominated metalscheaper for other currency holders.
Immediate cues for participants include Chinese economic data for...
Copper prices fall in NY
Copper prices in New York headed for the biggest drop in almost two weeks on signs that demand may ease after prices surged above 30% in 12 months.
Inventories in warehouses owned by the London Metal Exchange gained 1 percent to the highest since Sept 22nd Supplies monitored by the Shanghai Futures Exchange climbed to the highest since June.
Copper rose to a record today in London before erasing...
Susceptor Producers
If you are after Susceptors then this is the place for you to buy.
Here at SMF,We specialize in the manufacture of components to very exacting quality standards, tight tolerance, customer specific requirements and offer a very responsive repair service.
We pride ourselves on our levels of customer care and our ‘Total Quality’ approach ensures that our customers receive their orders on time,...
Bike blasting
Do you have a bike/ped that needs a good clean? Like a really good clean? Then why not bring it on down to us here at SMFUK, as we can blast it. Sounds scary but its not, its a way of cleaning and we call it aqua blasting/bead blasting. If you were to bring down your engine or other part and it needed blasting it would look as good as new again when we are finished with it. If this sounds...
Molybdenum Essex
As you know we are a Metal fabricating company in Essex. If you live in Essex and would like anything fabricating then just drop us a call/email. We are always happy to help, and like to keep our customers happy too. If you would like more information or one of our representatives to contact you then please do not hesitate to contact us on +44 (0) 1268 820409 or complete a short enquiry...
Canada’s Nordion Inc extended to 2013
The life sciences company will supply Molybdenum, until December 31st 2013, longing a deal that was to expire on July 31st for a further 2 years. Nordion, which changed it name from MDS Inc in 2010 last week said it hopes that the isotopes supplied by the National Research Universal reactor to generate about $4 million a month in operating income. It expected that the profitability in the second...
Metals thieves cause major power cut in Wales.
Metal Thieves were the ones to blame for the power cut which hit the whole of Penarth (Wales) and parts of Dinas Powys on Tuesday night – leaving more than 10,000 homes without electricity. The damage that they encountered affected the primary substation in the area, causing homes and streets into darkness for apparently and hour from around 7pm. A Western Power Distribution (WPD) spokesperson...
Copper soars to highest price.
Copper slipped today as the dollar rose against the euro. Copper on the London Metal Exchange was trading at $9,482 a tonne compared with $9,540 yesterday. The popular metal soared to a highest of $9,754 a tonne on Tuesday. The rate its going, its just going to keep getting more and more expensive to buy. “Good macro data are supporting metals, We are pretty bullish across the board for all...
Kitsault mine to re open.
An Environmental assessment office allowed a ‘procedural’ order that sets out the methods of a provincial environmental assessment for the wanted Kitsault Mine back in November. Its a $770million project that will restart an open pit operation that’s been unused and untouched for around 30 years. A molybdenum mine on the site which is an estimated 140 kilometres north of Prince Rupert was last...
China soars on stake in Mongolia mine
It increased an average 26% yesterday after the company reported it has completed its $28 million (34.5%) stake in Chifeng Aolunhua Mining Co. Aolunhua is an owner of an open-pit molybdenum mine in Mongolia that’s averaged to hold 159 tons of molybdenum. Molybdenum prices have increased so much during 2010 on the industrial demand for molybdenum in the fact of low global supplies.